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In chapter 1, I study the experimentation dynamics of a decision maker (DM) in a two-armed bandit setup ([5]), where the agent holds ambiguous beliefs regarding the distribution of the return process of one arm and is certain about the other one. The DM entertains Multiplier preferences a la...
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We conducted controlled laboratory experiments to investigate how humans adapt the decision rule (DR) they use in repeated strategic interactions in light of new information becoming available. We do so by providing -- along different paths -- more and more information over time, so as to...
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The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by providing a detailed picture of short-run dynamics in a game of strategic experimentation where agents are located in a social network. We show that the delay in information...
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